for creating a job for a single person, in any country irrespective of their economic backgrounds government need atleast 0.5million usd to create a permanent job for that person,which is very difficult to implement so government encourage new entreprenuer's to start up small scale industry and give's some concession's to it,these small scale industries's depending upon their scale of profit level can give employement and can give a descent salary.these small scale industries contribute to the majority of GDP of a nation.
Development Banks have following functions: * Provision of Capital to Industries, which can play role in economic development. * Lends money to small scale industries. * Services of Mutual Funds * Funds raising schemes for development companies. * and much more.
Role of large scale industry?
Employment generation ,Regional development ,Balanced growth,
Translation of "christmas" in zulu
what are the advantages of small scale industries?
Small and Medium-scale industries (SMIs) can play an important role in the process of a country's industrial and economic development. In particular, SMIs can make significant contribution to achieve social and economic objectives such as labour absorption, income distribution, rural development, poverty eradication and balanced economic growth. The agricultural industrial sector plans stresses the need for a self reliant approach to development.
Development Banks have following functions: * Provision of Capital to Industries, which can play role in economic development. * Lends money to small scale industries. * Services of Mutual Funds * Funds raising schemes for development companies. * and much more.
Role of large scale industry?
The nine important functions of development banks in India are as follows:To promote and develop small-scale industries (SSI) in India.To finance the development of the housing sector in India.To facilitate the development of large-scale industries (LSI) in India.To help the development of agricultural sector and rural India.To enhance the foreign trade of India.To help to cure sick industrial units.To encourage the development of Indian entrepreneurs.To promote economic activities in backward regions of the country.To contribute in the growth of capital markets.
Translation of "christmas" in zulu
Employment generation ,Regional development ,Balanced growth,
The meaning of medium scale industries is industries that are in-between large scale and small scale industries. These are average industries that have a higher production capacity that small scale industries but lower than large scale industries.
Caleb Mailoni Fundanga has written: 'Privatization of public enterprises in Zambia' -- subject(s): Government business enterprises, Privatization 'The role of small scale industries in regional development in Zambia' -- subject(s): Economic policy, Government policy, Manufacturing industries, Rural development, Small business
Adeseun Ogundoyin has written: 'The development of medium scale Manufacturing industries in Nigeria'
The difference between large scale industries, medium scale industries and small scale industries is found in three areas. It depends on the number of employees each industry employs, the amount of capital that was invested and the availability of the company's assets.
E. Rodenburg has written: 'The effects of scale in economic development'
limitations of small scale industries